Encyclopedia of Abbreviations and Acronyms




Subjects List of Abbreviations Starting with
Subjects List of Abbreviations Starting with
  • GK & CAIntroduction

    Key Features of Budget 2017-2018. In the last two and half years administration has moved from discretionary, favouritism based to system and transparency based.Inflation brought under control. CPI-based inflation declined from 6 percent in July 2016 to

  • GK & CAChallenges in 2017-18

    Challenges in 2017-18, World economy faces considerable uncertainty, in the aftermath of major economic and political developments during the last year. Uncertainty around commodity prices, especially that of crude oil, has implications for the fiscal

  • GK & CATransformational Reforms in Last Year

    Transformational Reforms in Last Year. Passage of the Constitution Amendment Bill for GST and the progress for its introduction. Demonetization of high denomination bank notes. Enactment of the Insolvency and Bankruptcy Code amendment to the RBI Act for

  • GK & CADemonetization

    Demonetization. Bold and decisive measure to curb tax evasion and parallel economy. Governments resolve to eliminate corruption, black money, counterfeit currency and terror funding. Drop in economic activity, if any, to be temporary


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